BEIJING, Mar 26 (APP): China will expand and continue to tap the Muslim and Arab world markets for introduction and exports of Halal Food and Muslim Commodities. “Right now, the number of Muslims in the world is around  1.5 billion. Data shows that the world‑wide Halal Food transaction  amount every year is 150 US dollars”, said Governor Ningxia Hui Autonomous Region Wang Zhengwei while addressing a press conference here at the Great Hall of the People on Thursday.

He pointed out that this indicates that Halal food industry has huge development potentiality.

Giving details of the International Investment and Trade Fair, an annual feature held at the Yichuan, the capital city of Muslim dominated Ningxia, the provincial Governor Wang said that the upcoming exhibition will be held from August 18‑23.

He expected that over 68 envoys from different countries and regions, while large number of representatives, traders and businessmen from around the world will attend the fair. 

The holding of 2^nd China (Ningxia) Hui Merchants Convention, China (Ningxia) International Cashmere Products Shows, Ningxia‑Arab Business, Trade cooperation Seminar and International Forum on Halal Industry Cooperation and Development are the other trade activities to be organized during the trade fair.

He said that the Forum will be jointly held by the state Ethnic Affairs Commission, the Ministry of Commerce and the People’s Government of Ningxia Hui Autonomous Region.

By following the main gist of cooperation between Ningxia and the Arab world, and with scholars’ delivering speeches as well as holding Halal products exhibition, the Governor said that the Forum will create a good opportunity for pushing up of the industrial development and creating an ideal platform for Ningxia’s economic contacts and exchange with the outside world.